ES Journal - 2017/2018

There is nothing like giving up 20 points gain and letting it go into the red by 40 points.

What I don't get is, you said it was a top but not THE top so you were expecting another higher High, so why not protect profits??? Silly notion, I know

 

I am out and Long at 2631.50 for loss of 50 pts. Initial stop here is 2624.00

 

Stopped earlier for loss of 7.75 pts,

 

Short 2624.00 Initial stop is 2627.00

 

3 point loss

 

Long 2638.50 Initial stop 2620.00

 

waiting for 2668 now

 

Sold @ 2655.00 for gain of 16.5 pts

 

Good. Now you can go short. NDX daily still hasn't crossed the SMA. That is the line to watch...

 

No short right now. I will be looking to buy the dip.